Real Estate Selling News Podcasts

Here Comes The Sun

The Real Estate Lady.com/Condo CanDo.com

August 27, 2008Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NCHereâs A Jewel: Solar-powered mid-rise in SouthPark? SouthPark could become home to the city's first fully eco-friendly mid-rise if one Charlotte man gets his way.David Thompson has filed a rezoning request to build SolarPark, an 80-foot residential building that would run entirely on solar power and electricity.... read more

Latest Episodes for this Channel

Here Comes The Sun

Wed August 27 2008

August 27, 2008Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NCHereâs A Jewel: Solar-powered mid-rise in SouthPark? SouthPark c... read more

Naming Rights...

Tue August 26 2008

August 26, 2008Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NCNaming RightsâWe are building a city here. Streets change, their n... read more

August 26, 2008Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NCNaming RightsâWe are building a city here. Streets change, their names change. Sections become districtsâthe names changeâdown South Boulevard becomes South End, North Davidson becomes NoDa, now North Tryon becomes North End. Each has been and is a major transformation. We take lemons and make lemonade. Areas that once prospered and served various communities, gentrified, crumbled, were on the edge, are now being reclaimed and renamed. It is exciting.North Tryon reaches from the main point of Charlotte, The Square, which is the intersection of Trade and Tryonâstretches through the city to the fringes down the edge of North Davidson past the railroad station (soon to be rebuilt in the Inner City), through rag tag commercial area out to connect to Harris Boulevard and the University of North Carolina at Charlotte.. The studies are underway for the Northern corridor of the lite rail, the Federal Government has given more money than requested, Ikea is in the process of becoming an anchor in that sectionâand North End will happen. Lite Rail and all. And the area will change.Charlotte is becoming.So while we read about the unemployment rate rising to 6.1 per cent in June and foreclosures rising 25% in the second quarterâand local home prices dipping slightly in Charlotte.2% for the year ending in Mayâdespite those figures, Charlotte has been the only city to see monthly gains from a year earlier in the 20 metropolitan areas markets Case-Schiller tracts. And yes, we watch, we are vigilantâand we are building.And others name us as wellâamong the tops for retirement destination, tops in area colleges and universities, tops in fastest growing, tops in use of text messaging, tops in opportunity to build wealth, home of The Panthers, The Bobcats, The NASCAR Hall of Fame, neighbor to N.C. Research Campus, and just to be balanced we also rank in the tops for air pollution, crime, and our bodacious desire to be world class. We are, afterall, the Queen City.Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NC read less

Nothing Could Be Finer Than To Be In Carolina...

Mon August 25 2008

August 25, 2008Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NC Home Prices Are Down, but Stabilizing U.S. home prices appear to b... read more

Charlotte Scores Again on List of Bests

Fri August 22 2008

August 22, 2008Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NC Charlotte-area colleges named among bestSeveral schools in the Cha... read more

Daniel Levine and First Ward

Thu August 21 2008

August 21, 2008Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NC New life for First Ward project Daniel Levine makes pitch for $26 ... read more

August 21, 2008Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NC New life for First Ward project Daniel Levine makes pitch for $26 million in funding Daniel Levine has a new plan for his key stretch of First Ward property. And, for the first time, the developer appears to have a key partner on board â taxpayers. The massive project he unveiled to the city this week includes 2 million square feet of office space, 2,150 residential units and 282,000 square feet of shops and restaurants on 20 acres he controls. Plans now call for a public investment of as much as $26 million in tax-increment financing from the city and county. The funding would pay for parking decks and other improvements. As much as $8 million more could be spent by the city for road improvements. The county would also kick in the construction cost for a park of at least 3 acres. âOur enthusiasm has never wavered,â says Levine, who has been pitching various development options for the site for a decade. âI am going to be excited when this moves from the drawing boards to breaking ground. Weâre patient and weâre committed to bringing the best development to the city.â A $46 million UNC Charlotte classroom building planned for the corner of East Ninth and North Brevard streets will anchor the initial phase. The school plans a 2011 opening and is also considering a second building in the project as it looks to grow its links with uptownâs business community. The formal request for public money gives hope to political leaders and uptown boosters that Levine is serious this time. Real estate experts remain guarded, saying Levineâs past starts and stops have left them wary. âItâs been a long time coming,â says John Lassiter, chairman of Charlotte City Councilâs economic development committee. Adds Jim Palermo, executive-in-residence at Johnson & Wales University and a longtime uptown advocate: âDaniel has had a number of renderings and plans in the past 10 years. Itâs a great plan if, in fact, he does it.â The complex deal still has a long way to go before it becomes reality. Next week, Mecklenburg County commissioners get their first extensive look at the proposal. If commissioners approve further talks, more details must be hammered out, starting with land appraisals for a property swap between the developer and the county. City staff hopes to have a final deal for council to consider by year end. The county would likely puruse a similar schedule. Construction on Levineâs first phase of development, dependent upon county agreement for a park and tax-increment financing for 1,300 of nearly 2,000 new parking spaces in First Ward, could begin in 2009. In all, Levine anticipates a 10- to 15-year schedule for building out all of the First Ward land. The county park, UNCC, underground parking and a 300,000- to 400,000-square-foot office building would be built first. Levine will build the office building with ground-floor retail. Next up would be a 1,500-car parking deck and a property encompassing 525 residential units, a hotel and street-level retail. Talks gained momentum during the past three months, as stakeholders gathered to discuss possibilities and negotiate the framework of a deal. What emerged mirrors several other high-profile public-private ventures assembled in recent years in and around uptown. These include: âA $1.3 billion South Tryon Street complex anchored by Wachovia Corp. and several arts venues. âThe $225 million Metropolitan shopping, office and residential complex in midtown. âMerrifield Partnersâ Bryant Park project near Wilkinson Boulevard anchored by the Charlotte School of Law. âGrubb Propertiesâ mix of offices, shops and restaurants in the Elizabeth neighborhood near Presbyterian Hospital. In each case, substantial contributions for parking decks and other improvements near the projects were â or will be â paid for with city and county money. Levine credits the city and county for working with him while also negotiating a deal âthat puts all the risk in the private sector.âLynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NC Photo of Daniel Levine by Nancy Pierce read less